This does not “cap” the amount of economic damages
that are recoverable. Economic damages
are verifiable monetary losses such as medical expenses, burial and memorial
expenses, and loss of income.
The “cap” also does not apply to punitive damages,
if punitive damages are found to be appropriate.
Under ORS 31.710, a jury is not allowed to know
about this cap on damages, so even if a jury awards a personal representative
of a decedent over $500,000, the Judge will reduce the award to this
amount.